Interesting thing is that the Gann Fann on 60 minute now shows resistance as well as my 199.50 being one of the targets. The RSI also shows a possible negative divergence. I have a hunch that this is one of those "up and down days"...

GBPJPY scalpers

I got in last night and exited with a 44 pip gain. When I woke up this morning I realized we may have a buy on the 2 minute chart but it seems too risky. Perhaps for a 20 pip gain or so....but this could be, something like a wave 2 forming, and ...

GBPJPY scalpers

Makes sense. Let Malcolm talk on any pair and we can chat on the GBPJPY...

GBPJPY scalpers

2c again — I agree with keeping it on the GBPJPY. If we start to discuss other pairs, pretty soon we will be discussing too many pairs and the focus will be lost. I just looked at a one hour chart of the GBPJPY and although I do not normally ...

GBPJPY scalpers

Yes, Malcolm. I know that the indicator is not be solely used for entries and exits. It's the final piece of the visual puzzle. You don't have to be sarcastic about that, bro... Al

GBPJPY scalpers

Entropy, Many thanks for the Rapid RSI document! I use GFT's platform and had no idea that I could have included that as one of my indicators. Since I need some visual indicator, and since uncle Malcolm has been so successful with it, this would be ...

GBPJPY scalpers

BTW, I just read something from a superb trader who watches the DJIA. His batting average is 92% +. Here is what he has said: I can see the immediate risk is a low which I expect on March 28. In between is a high March 19 or 20. Thereafter I see an ...

GBPJPY scalpers

Thanks for everybody posting their prediction. This is certainly looking like a setup trap for the DJIA. It's up 200 pts at the moment and neighbours of mine are plunging back in, which doesn't bode well for the market because, as you already know, ...

GBPJPY scalpers

Slide coming.. — Well, today's action in the GBPJPY has confirmed that wave 2 of wave 5 has completed and now we can see a 400-600 pip drop in 2-3 days. Not sure about tomorrow because of the holidays, but next week sure seems like this puppy ...

GBPJPY scalpers

Where did Scotty post a reply? He doesn't seem to be on this thread anymore. I just went long at 4:26 and out at 4:44 and was happy with the few pips I made...

GBPJPY scalpers

my 2c again... — For all you Elliott wave enthusiasts, take a look the daily chart. We are currently nearing the C/5/5 wave and the maximum GBPJPY can go up is the 203-203.50 area without violating the overlap 2/4 rule, and it is approaching ...

GBPJPY scalpers

I recently read that MT is a load of crap. The report was very critical on how the data is substantially different from other vendors and how spikes seem to cause problems which were not evident elsewhere. The problem is that almost 97.5% of the ...

GBPJPY scalpers

Iron Man, I would like to join your trading because I also believe that the European session holds the key to trends. Keep in mind that I do not, at the present, use RSI or any oscillator but use methods of Mike Jenkins, so I am wondering how much ...

GBPJPY scalpers

how do I get there? — Does anybody have the direct link to Malcolm's trading room? I would like to access it but can't seem to find the damn site. Any help is appreciated, Al

GBPJPY scalpers

my 2c again — Evening everybody, I hope Malcolm doesn't mind me posting my thoughts on the GBPJPY. On the one hand, I see that it has touched 207.75 three times. This is significant. As W.D Gann said, when a commodity touches a trendline 3 ...

GBPJPY scalpers

my 2c worth — well, at 8:12 pm PST, I see a downward move on the GBPJPY because on the 5 minute chart we just completed a wave 5 terminal wave and now the 5th wave is commencing. This could take us down to 203.50 or even 203.0 Once we hit this ...

GBPJPY scalpers

RSI — A while back, someone posted the Speedy RSI that Malcolm uses. Does anybody have that code? I couldn't retrieve it and would like to have someone upload it again. Possible? Al

GBPJPY scalpers

Need summary, Phillip, please — Phillip, Listening to your daily summary, you mentioned that you posted a summary on page 29XX? How do I get this? Sorry to ask this again. I just want to get one article/pdf sheet that gives me the A to Z on ...

4 Hour Strategy (MACD)

would somebody buy the cable today? — Hey guys, Would any of you buy the Cable today? The Macd is on an uptrend, the price is below the 89/200, etc...but it is on an uptrend. So what do you guys say, Phillip? Al

4 Hour Strategy (MACD)